U.S. stocks were expected to hold steady at Tuesday's open as investors wait for the latest corporate results and guidance from Federal Reserve Chairman Ben Bernanke due later this week.

"Yesterday, we had another day of new record highs and I expect that today the market is headed for a mixed session ahead of Mr. Bernanke's statement tomorrow," said Peter Cardillo, chief market economist at Rockwell Global Capital.

On Wednesday, Bernanke will deliver his semi-annual testimony to Congress on monetary policy.

U.S. investors will keep an eye on corporate earnings Tuesday as a number of big firms report quarterly results.

Coca-Cola(KO) shares slipped 2% in premarket trading after the company reported a drop in profit from a year earlier.

Goldman Sachs(GS ) shares notched up 1.5% after the Wall Street firm said that its quarterly earnings doubled from a year earlier, with a boost from investment banking.

Johnson & Johnson(JNJ) shares were flat after the healthcare company announced a jump in quarterly sales but a decline in earnings.Yahoo(YHOO) will report its second-quarter results after the market close.